We use first party and third-party Cookies to help us understand Website usage and to improve the content and offerings and to provide you advertising, analytics and other purposes related to your navigation habits. If you continue scrolling, we consider you accept the policy. You can read more about our cookie policy.


The global fashion business journal

Dec 7, 20195:42pm

Debenhams appoints a former House of Fraser as chairman

Mark Giffford replaces Stefaan Vansteenkiste, who joined the company last April, to its reorganization.

Oct 25, 2019 — 6:23pm
Mds
Save

Debenhams appoints a former House of Fraser as chairman

 

 

Debenhams rearranges its helm. The British department stores group has signed Mark Giffford, former chief financial officer of House of Fraser, as the new chairman of the company. The executive replaces Stefaan Vansteenkiste, who joined the company last April to undertake its restructuring and was appointed chief executive officer in August.

 

Giffford has a long career in the sector after having worked for thirteen years as chief financial officer of House of Fraser, until 2015. Between 2015 and 2018 the director was the financial officer of Game Group.

 

Debenhams ended its fiscal year 2018 on the low, with 556.3 million euros. A year ago, the company made a profit of 66.7 million euros. The department store has recently made a cash injection of around fifty million pounds (61.1 million dollars) to invest in marketing actions for the holiday season.

Advertising
Comment
Participation rules

info@themds.com

 

Validation policy for comments: 

 
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
 
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment
...